Crude futures settle lower


NEW YORK, May 20 (Xinhua) -- Oil prices inched down on Tuesday.

The West Texas Intermediate for June delivery decreased by 13 cents, or 0.21 percent, to settle at 62.56 U.S. dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery lost 16 cents, or 0.24 percent, to settle at 65.38 dollars a barrel on the London ICE Futures Exchange.

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